Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Damien L.

Damien L. has started 9 posts and replied 47 times.

Post: Garage space rental service

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

Hello community,

I have a large detached garage at our rental property.  I'm working out a couple of different options on what to do with that space.  I have came across some new online platforms that will match you with people looking to rent out storage space (sort of like Airbnb but for storage).  Has anyone tried out anything like that with success?  

Thanks!

Damien

Post: Business structure for husband and wife

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

Thank you Teri!

Post: Business structure for husband and wife

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10
Hello guys, We finally have our very first property ready! So we are very excited about that. Given that we have only one property at the moment and it will probably stay that way for at least one year. Both my wife and I are in this together, can we operate as a simple sole proprietor structure? Do you guys have any advice for a simple husband and wife team with one property? Thanks! Damien

Post: Question on credit requirements for tenants

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

Got you so we will look at the combined income but still require each person to have a 600 and above.

Post: Question on credit requirements for tenants

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

So both parties or all tenants that should have a score of 600 and above.  And they also both need to have the 3x the rent income requirement?  I feel for couples or roommates that could narrow the pool of people significantly no?

Thanks

Post: Question on credit requirements for tenants

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

Hey guys,

I'm going through my very first applications.  We set our credit score standard to 600 and above.  In a case of husband and wife for example, do you require them both to have a score of 600 and above?  Or is one of them enough?  We would require them both to fill out the application of course.

Thanks for the help!

Post: Self managing and renting to tenants

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

We did our rental listing on cozy.co where applicants can apply directly there.  They automatically aggregate your listing to realtor.com.  I also did it on zillow.com which also automatically sends it trulia and hotpads.

Post: We bought our first duplex, thanks biggerpockets!

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

Progress Report for two bedroom unit:

Completely finished the flooring on the third floor along with the trim.  Also started painting the bathroom.  Didn't get as much done as I wanted to this weekend due some other things but that's the way it goes sometimes.  

Got to keep moving forward and make up some time another weekend!

Post: Official BiggerPockets Meetup with Brandon (Last Minute!)

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10

It was nice to meet all of you guys.  Will definitely try to connect again in the future.

Cheers!

Damien

Post: Official BiggerPockets Meetup with Brandon (Last Minute!)

Damien L.
Pro Member
Posted
  • Rental Property Investor
  • Ft Mitchell, KY
  • Posts 47
  • Votes 10
Is 8:00 PM the official time?